Mortgage brokers and loan officers are getting paid fat fees by lenders to put unsuspecting borrowers into expensive loans. And the new lending rules issued last week by the Federal Reserve do nothing to stop this abusive practice.
President Bush on Friday chose SBA Administrator Steve Preston to lead the government's housing agency at a time of crisis in the industry, praising him as a skilled manager
Before following his father into the property business, Minoru Mori dreamed of becoming a novelist. So when he returned from an October 1993 visit to Shanghai talking excitedly of a plan to construct the world's tallest building on the impoverished east side of the city's Huangpu River, rivals in Tokyo snickered that Mori had rekindled his interest in fiction.
Far from his 18th-century colonial mansion in Philadelphia, Ashok Kheny has been waging a ten-year battle to build a $600 million, 111-kilometer toll road connecting Bangalore to Mysore, the second...
There was some last-minute drama in Washington before yesterday's release of the long-awaited report by Independent Counsel David Barrett. Sources close to the three-judge panel overseeing the report say that the panel's members were furious about leaks to the press previewing the report's contents. The report, detailing an organized attempt by Clinton administration officials to shut down an Internal Revenue Service investigation into possible tax violations by President Bill Clinton's secretary of housing and urban development Henry Cisneros, was to be released at 9:00 a.m. Thursday. The day before, late in the afternoon, word went out from the judges to the Independent Counsel's office that the release would be delayed.
Mortgage brokers and loan officers are getting paid fat fees by lenders to put unsuspecting borrowers into expensive loans. And the new lending rules issued last week by the Federal Reserve do nothing to stop this abusive practice.
President Bush on Friday chose SBA Administrator Steve Preston to lead the government's housing agency at a time of crisis in the industry, praising him as a skilled manager
Before following his father into the property business, Minoru Mori dreamed of becoming a novelist. So when he returned from an October 1993 visit to Shanghai talking excitedly of a plan to construct the world's tallest building on the impoverished east side of the city's Huangpu River, rivals in Tokyo snickered that Mori had rekindled his interest in fiction.
Far from his 18th-century colonial mansion in Philadelphia, Ashok Kheny has been waging a ten-year battle to build a $600 million, 111-kilometer toll road connecting Bangalore to Mysore, the second...
There was some last-minute drama in Washington before yesterday's release of the long-awaited report by Independent Counsel David Barrett. Sources close to the three-judge panel overseeing the report say that the panel's members were furious about leaks to the press previewing the report's contents. The report, detailing an organized attempt by Clinton administration officials to shut down an Internal Revenue Service investigation into possible tax violations by President Bill Clinton's secretary of housing and urban development Henry Cisneros, was to be released at 9:00 a.m. Thursday. The day before, late in the afternoon, word went out from the judges to the Independent Counsel's office that the release would be delayed.
Even before Katrina hit, the Gulf Coast Belt was the megapolitan with the cloudiest forecast, especially in its poorer eastern half. During the past few years, New Orleans's population declined and...
If your nest egg isn't big enough to support the retirement lifestyle you aspire to, you may be sitting on a valuable asset that can help you bridge the financial gap: your house. Buoyed by the 65%...
Back in the 1960s, Fran Rodgers was the envy of her classmates at Barnard College. After graduating at age 20, she was going to change the world. First came a job with the U.S. Department of Housin...
Back in the 1960s, Fran Rodgers was the envy of her classmates at Barnard College. After graduating at age 20, she was going to change the world. First came a job with the U.S. Department of Housin...
Q. I established a Uniform Gifts to Minors Account (UGMA) at a mutual fund for college savings for my daughter. Now my wife and I just had twin boys, and I want to start saving for them too. But in...
INSTEAD OF VIEWING America's inner cities as doomed urban wastelands, think of them as undeveloped countries, like Peru or Poland or Bangladesh. With that perspective in mind, what's the best way t...
What has gone before: The U.S. Department of Housing and Urban Development is rocked by scandal. It seems that ''influence peddlers'' have actually exerted influence on certain HUD decisions. Led b...
ONCE UPON a time in urban America, when greedy developers were ravaging the land, paving paradise for parking lots, and tearing down historic landmarks for pricey office buildings, a couple of fell...
When Nasser Ordoubadi, 33, moved from New York City to Seattle in 1984, he planned to stay only one year to complete his internship at Virginia Mason, one of the city's leading teaching hospitals. ...
FOR A CITY that not long ago seemed to be sliding irreversibly, with a population down to half its 1950s peak, St. Louis suddenly looks like a place with a future. Thanks to successful business ini...
IN THE THICK undergrowth of federal spending, subsidies to business and state and local governments are some of the hardiest forms of plant life--and the most in need of weeding. They will have cli...
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